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Finance & Banking of Friday, 5 July 2024

Source: Hollard Life Assurance

Hollard Life's microinsurance funeral and disability policy: MeBanbo is now available on MTN MoMo

MeBanbɔ, a funeral and disability insurance policy MeBanbɔ, a funeral and disability insurance policy

Hollard Life Assurance, a subsidiary of Hollard Ghana, is delighted to announce the expansion of its micro-insurance product, MeBanbɔ, with a pan-African fintech company, Sassai Fintech and Telecel, to include MTN.

MeBanbɔ, a funeral and disability insurance policy, can now be conveniently accessed via mobile phone by dialling USSD code *269# on MTN and Telecel. This strategic move is a testament to the insurer's commitment to creating and securing better futures. This easy accessibility puts the power of financial security in the customer's hands.

With the expansion, MeBanbɔ now offers enhanced benefits. According to the Managing Director of Hollard Life, Nashiru Iddrisu, these include improved customer service, faster claim processing, and more competitive pricing.

“We are excited to announce that MeBanbɔ is now accessible to all Ghanaians on both Telecel and MTN. This significant milestone directly responds to our customers' requests for inclusivity. We are committed to serving the entire Ghanaian population with customised solutions, and this expansion is a step in that direction”.

"With a track record of providing reliable insurance services, we are dedicated to ensuring that our customers and their dependents, including spouses, children, parents, grandparents and in-laws, have the peace of mind that comes with being adequately covered. MTN users need their Ghana card number to complete the registrations for automatic monthly deductions from their mobile money wallet. In our quest to deepen financial inclusion, MeBanbɔ will soon be available on all networks," he added.

MeBanbɔ provides tailored packages of GHS 1,000, GHS 5,000, GHS 15,000, and GHS 30,000 funeral and disability cover for premiums as low as GHS 2, GHS 10, GHS 25, and GHS 50, respectively. This micro-insurance product is designed to suit various personal needs and is available to individuals over 18 who use MTN or Telecel mobile networks.